Miscellaneous

Proofpoint (NASDAQ:PFPT) Frequently Asked Questions

What is Proofpoint's stock symbol?

Proofpoint trades on the NASDAQ under the ticker symbol "PFPT."

How were Proofpoint's earnings last quarter?

Proofpoint Inc (NASDAQ:PFPT) announced its earnings results on Thursday, October, 25th. The software maker reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.33) by $0.73. The software maker had revenue of $184.18 million for the quarter, compared to analysts' expectations of $181.69 million. Proofpoint had a negative return on equity of 11.86% and a negative net margin of 14.08%. View Proofpoint's Earnings History.

When is Proofpoint's next earnings date?

What guidance has Proofpoint issued on next quarter's earnings?

Proofpoint updated its FY 2018 earnings guidance on Thursday, October, 25th. The company provided earnings per share guidance of $1.29-1.32 for the period, compared to the Thomson Reuters consensus estimate of $1.17. The company issued revenue guidance of $709.5-711.5 million, compared to the consensus revenue estimate of $708.53 million.Proofpoint also updated its Q4 2018 guidance to $0.33-0.36 EPS.

What price target have analysts set for PFPT?

22 equities research analysts have issued twelve-month price objectives for Proofpoint's shares. Their forecasts range from $95.00 to $144.00. On average, they expect Proofpoint's share price to reach $124.1905 in the next twelve months. This suggests a possible upside of 45.1% from the stock's current price. View Analyst Price Targets for Proofpoint.

What is the consensus analysts' recommendation for Proofpoint?

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Proofpoint in the last year. There are currently 1 hold rating and 21 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Proofpoint.

What are Wall Street analysts saying about Proofpoint stock?

Here are some recent quotes from research analysts about Proofpoint stock:

1. According to Zacks Investment Research, "Proofpoint recently reported Q3 results wherein both the top and bottom lines witnessed significant year-over-year improvement. Robust demand for the company’s next-generation SaaS-based security and compliance platform, ongoing transition to the cloud, particularly to Microsoft’s Office 365 and the rapidly growing threat landscape were the key growth drivers. Partnerships with Palo Alto Networks, CyberArk, Imperva and Splunk are also driving key wins for the company. However, the guidance given by the company for fiscal 2019 makes us apprehensive. The company expects the inorganic revenue contributions in 2018 to lead to challenging year-over-year comparison in 2019. The company anticipates additional headwinds in the coming year due to no contribution from the Cloudmark OEM business. Moreover, since it continues to invest in sales and marketing, we anticipate this to remain a drag on the company’s bottom line in the near term." (11/14/2018)

2. Evercore ISI analysts commented, "We view Ms. Newell’s sales leadership at Proofpoint as highly effective and believe that she is taking on a role with more responsibility at another software company which does not compete with Proofpoint. It is possible that she could be taking on a C-level position which would be an understandable career progression." (5/30/2018)

3. BTIG Research analysts commented, "Proofpoint unsurprisingly continued its string of beats-and-raises, highlighted by subscription revenues of $158.8M (vs. $148.8M cons.) and EPS of $0.30 (vs. $0.15 cons.). The FY guidance uptick is substantial compared to guidance provided last quarter but marginal compared to updated guidance from the company in March (post-Wombat acquisition close). Billings experienced record low contract duration in the quarter (near the low end of its 14-20 month historical range), evidentiary of the company’s position of strength in the marketplace from a customer retention and pricing competitiveness standpoint. With Proofpoint’s growing portfolio of people-centric products, the company continues to meaningfully expand its TAM while aptly identifying the human element in security as a primary, high-risk attack surface. Plainly, we remain bullish on Proofpoint’s ability to win and retain customers through its leadership in cybersecurity efficacy and insistence on understanding the customer. We are raising our estimates and increasing our PT to $138 from $125. Reiterate Buy." (4/29/2018)

Has Proofpoint been receiving favorable news coverage?

Press coverage about PFPT stock has trended somewhat positive this week, InfoTrie reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Proofpoint earned a media sentiment score of 1.3 on InfoTrie's scale. They also assigned media stories about the software maker a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future.

How do I buy shares of Proofpoint?

Shares of PFPT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Proofpoint's stock price today?

One share of PFPT stock can currently be purchased for approximately $85.60.

How big of a company is Proofpoint?

Proofpoint has a market capitalization of $4.87 billion and generates $515.29 million in revenue each year. The software maker earns $-84,330,000.00 in net income (profit) each year or ($1.31) on an earnings per share basis. Proofpoint employs 2,047 workers across the globe.

MarketBeat Community Rating for Proofpoint (NASDAQ PFPT)

MarketBeat's community ratings are surveys of what our community members think about Proofpoint and other stocks. Vote "Outperform" if you believe PFPT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PFPT will underperform the S&P 500 over the long term. You may vote once every thirty days.